What we do: Silvertree Internet Holdings is a holding and operating company based in South Africa that creates, launches, operates and invests in early- and mid-stage companies targeting the South African and Sub-Saharan African markets. The company is invested in upcoming tech companies known as Ucook, CarZar, PriceCheck, Faithful to Nature and CyberCellar among others. The company was established in 2014 and has maintained a rapid growth trajectory.
Ownership & Management: Silvertree Internet Holdings was founded by Peter Allerstorfer who co-founded Zando which is South Africa’s largest e-commerce fashion store; Paul Cook who previously worked at McKinsey & co-founded Thornhill Associates and; Manuel Koser who co-founded Jumia in Nigeria. The founders of the company are well-known founders of successful tech companies in Africa. The company has great focus on capital efficiency and operational discipline and the brands are growing rapidly and has a knack for building new businesses and acquiring existing companies. Through operational synergies and sharing best practices the operating companies are growing rapidly.
Key financial indicators: Silvertree’s brands rack up over 6 million visitors monthly online, making the company one of the largest internet groups in South Africa. When the company invests in new businesses, it offers entrepreneurs a dedicated operational platform of 20-plus staff who provide support with anything from finance and legal topics to issues around growth and contacts. Audited financials are not available to the public.
Track record: Silvertree has a strong track record in South Africa and over 6 million monthly online visitors to well-known brands such as Ucook, CarZar, PriceCheck, Faithful to Nature and CyberCellar.
Contact details: Tel: +27 21 286 1666 Email: info@silvertree.holdings Address: 125 Buitengracht Street, Cape Town, South Africa Website: http://silvertree.holdings/
Or contact us for free additional information at info@peafrinsights.co.za